Analysis and Data

Out of the export receipts, $142.31million was remitted to the Federation Account, reports the corporation

The market capitalisation closed higher at N11.738 trillion compared with N11.700 trillion achieved on Monday.

The All-Share Index rose by 118.29 points to close at 32,124.94 against 32,006.65 recorded on Thursday.

The profit was higher by 14 per cent when compared with N13 billion achieved in the corresponding period of 2017.

Crude oil export sales increased by 0.17 million barrels.

The IMF also projected Nigeria’s inflation rate to rise to an average of 13.5 per cent in 2019.

The long delay in the passage of the PIB is setting Nigeria on the highway to replicating Venezuela’s oily crisis that is well documented says Business Editor, Bassey Udo in this analysis.

Universal Insurance emerged the worst performing stock for the month.

The NSE also names the six companies and their offence.

Economic experts weigh in on the unending battle over the years to arrive at a living wage for Nigerian workers.

The All-Share depreciated by 54.72 points to close at 32,711.65 against the 32,766.37 achieved on Friday.

The All-Share Index rose by 59.28 points to close at 32,540.17 compared with 32,480.89 posted on Thursday.

Nigerian Breweries led the losers’ table with a loss of N4.5 to close at N88 per share.

MTN is yet to be listed on the Nigerian Stock Exchange.

The market capitalisation rose by N35 billion to close at N12.573 trillion against N12.718 trillion on Monday.

Ghana, a relatively newer producer of oil on the continent, has shown some level of seriousness with governance of its oil industry.

The appointments bring the number of women on the bank’s board to four.

The All-Share Index rose by 220.05 points to close at 35,426.21 compared to 35,206.16 posted on Thursday.

The Nigerian currency is exchanging at N359.6 stronger than N360 traded on Thursday.

The Code Division Multiple Access (CDMA) for active mobile lines had 217,566 users in June, same as in May.

Analysts suggest ways to protect minority shareholders.

The Nigerian currency exchanged at N358.3, weaker than N358 traded on Friday.